Which of the Following Statements About the Dynamics of World

question 60

Multiple Choice

Which of the following statements about the dynamics of world trade is most accurate?

• A)As the largest international importer and exporter,the U.S.accounts for 65 percent of world trade.
• B)World trade is calculated to include only the exchange of money for products or services.
• C)An estimated 35 percent of world trade involves countertrade.
• D)China,the United States,and Germany far outpace other countries in terms of imports and exports.
• E)Because of NAFTA,North American intratrade is no longer counted in calculations of world trade.